Community

False Profit, LLC began in 2001 when a group of friends moved into a warehouse in SOMA. The False Profit community sprang to life soon after, and we learned a lot from those who came before us in the quest to have fun at a large scale without needing to pay ourselves. Over the years, we’ve figured out some things that work for us.

Practices

Consensus

Everyone has to agree to go along with a decisions of the group. Otherwise, it’s not a decision of the group. This is time-consuming, but you can get better at it. We ask each other the question, “Can we live with this?”

Meritocracy

The people doing the hard work have more of a say. If you want to call the shots, you have to pull the weight.

Transparency

Eating Together

It’s a basic human bonding thing. Sharing food with people makes you like and trust them more.

Process

1. One or more people have an idea they want to produce
2. They work out some specifics and share the idea with the wider group
3. Individuals take on roles and responsibilities as needed to make it happen
4. These task leaders organize the materials and help they need for their task
5. Along the way, we share and document information using wikis and email lists
6. We produce killer events for the fun of it and reinvest any profits
7. The next time around, different people can take on different roles

Details

Published:

04.25.10 / 5pm

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False Profit, Inc.: Bigger than Money

False Profit is passionate about pushing the limits of what a Limited Liability Company can be. Our award-winning products and services enable innovative forms of expression and empower human beings to create and experience the most engaging moments in life. And shouldn’t all companies exist to serve human needs? We proudly transcend mere financial success by paying dividends to investors through more powerful currencies: cultural advancements and life-quality enhancements. False Profit has been providing Zero Percent Financial Return, Guaranteed, since 2001.

Invest wisely in the Company today — your time, energy, money, inspiration, and love — and prepare to reap true profit far in excess of what you would yield with comparable investments in our competitors. The life you enjoy may be your own.